The name change reflects the growing evolution of CollectionTechnology.net’s content and community from just “collections” to an online community for all AR professionals, in addition to third-party execs. AccountsRecovery.net, we believe, accurately reflects that expanded community.

In addition to the new name at this site, our event, the Collection Technology Summit, will also transform into the Accounts Recovery Summit in 2011.

In 1998, CollectionTechnology.net’s original iteration, Collection Technology News magazine, was launched to report on the burgeoning world of accounts receivable technology. In fact, back then, Collection Technology News was more evangelist than information source, because so few ARM professionals even knew which relevant technologies existed, let alone how they worked.

CollectionTechnology.net has remained in the forefront of industry information and ideas in the 12 years since. The site is now a dynamic social network that boasts more than 2,300 members and generates about 200 activities – blog posts, forum comments, group members, etc – each week. Every month, the site welcomes visitors from more than 70 countries worldwide; nearly 1,000 industry professionals visit from India alone.

But we believe we can be even more valuable to a greater number of people. The fact is that CollectionTechnology.net is actively used today for debt portfolio transactions and other non-technology endeavors. Appropriately, we are enhancing our coverage and network in kind. AccountsRecovery.net will continue to keep a keen eye on ARM technologies, but it will also continue to foster the diverse community that has started to gain traction on CollectionTechnology.net.

This change does not mean AccountsRecovery.net represents a fundamental shift in our efforts. AccountsRecovery.net will continue to be acutely focused on ARM technology (such focus has generated the creation of one industry standard and the start of another, parenthetically). The Accounts Recovery Summit in January will also continue to present on industry technology. And we will continue to allow the ARM community to take root at our site.

We are confident that the best is yet to come for AccountsRecovery.net.